Transportation officials are monitoring the possible impact from Hurricane IDA which was downgraded to a tropical storm Monday afternoon. Soy Transportation Coalition Executive Director Mike Steenhoek says the major transportation season for U.S. soybeans is from September to February although he says there are a great deal of both corn and soybeans that go down the Mississippi River throughout the course of the year.
He says they’ll be keeping an eye on what type of effect the power outage has had and just how much the shipping channel has been damaged by the storm that contained 150 mile plus per hour winds.
Steenhoek says one of their main concerns is that the transportation system has already experienced enough stress already this year which compounds the effects from IDA.
Steenhoek says that during the week ending August 19, 18.3 million bushels of corn, 5.2 million bushels of soybeans and 2.6 million bushels of wheat were exported from the terminals along the lower Mississippi River.